Orion Engineered Carbons To Add Specialty Carbon Black Production Line In Italy

Orion Engineered Carbons S.A. (NYSE: OEC), a leading worldwide supplier of specialty and high-performance Carbon Black, today announced that it will expand production capacity at its facility in Ravenna, Italy, with the construction of a new specialty Carbon Black line. The line will provide additional Specialty Carbon Blacks to supply the growing coatings, polymers, printing and specialty applications markets.

"After extensive review and analysis of opportunities, in addition to the ongoing conversion of existing rubber capacity to specialty, we are adding a new line to take advantage of the strong demand for Specialty Carbon Blacks and extend our successful penetration of the specialty segment," said Jack Clem, Orion's Chief Executive Officer. "This investment continues Orion's rapid realignment of our portfolio toward higher value added products."

The new line is expected to begin production in the fourth quarter 2019.

For product related information, contact Tilo Lindner, Head of Global Marketing, Business Line Specialty Carbon Black, at tilo.lindner@orioncarbons.com.

About Orion Engineered Carbons S.A. (NYSE: OEC)

Orion is a worldwide supplier of Carbon Black. We produce a broad range of Carbon Blacks that include high-performance Specialty Gas Blacks, Furnace Blacks, Lamp Blacks, Thermal Blacks and other Carbon Blacks that tint, colorize and enhance the performance of polymers, plastics, paints and coatings, inks and toners, textile fibers, adhesives and sealants, tires, and mechanical rubber goods such as automotive belts and hoses. Orion runs 14 global production sites and four Applied Technology Centers. The group has approximately 1,441 employees worldwide. For more information please visit our website www.orioncarbons.com.

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